Reciprocation
This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…
What is “Reciprocation”?
“Gifts are never free: they bind the giver and receiver in a loop of reciprocity.” — Marcel Mauss, sociologist and anthropologist
Key Points:
- Reciprocation is the desire most people feel to “pay back” for what they received. This is one of the most powerful psychological tendencies underlying human cooperation.
- The desire to reciprocate is not necessarily in proportion to the benefit provided.
- The more value you can provide upfront, the more likely it is that people will feel the need to reciprocate.
- Being generous is one of the best things you can do to build your Reputation and to improve your results as a salesperson.
Questions for Consideration:
- Are you providing value to others with no strings attached?
- Are you providing others the ability to reciprocate your gesture by offering you value in return?
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